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Exponentialmovingaverage

VeChain - Ascending Triangle Breakout on the 4hrVeChain 4hr Chart Update: VeChain has broken out upwards from its Ascending Triangle. VeChain is now in the BULLISH ZONE of the Ichimoku Cloud for this 4hr timeframe. Notice that we have an Ichimoku Cloud Kumo Twist into a new Bullish Green Cloud for this 4hr Timeframe. Notice how the Bollinger Bands Upper and Lower Bands are moving away from each other and the Price is Walking up the outside of the Upper Band. VeChain is above its 50EMA and its Bollinger Bands Middle Band Basis 20 Period SMA. VeChain is above its Volume Point of Control (POC) for this 4hr timeframe. VeChain’s Volume has increased above its Volume Moving Average 6 4hr candle in a row. The Chaikin Money Flow (CMF) is indicating accumulation has risen slightly to 0.11. The Average Directional Index (ADX DI) is indicating a strong trend with the ADX (Yellow Line) at 27.6 above its 9 Period EMA (White Line) which is at 22.48. The +DI (Green Line0 is at 29.9 way above its - DI Red Line which is at 8.6. Notice that the =DI (Green Line) is pointing upwards and moving away from its -DI (Red Line) which is moving downwards. The future looks extremely bright for this future giant of the crypto industry. Here is a closer Look at the CMF. Here is a closer look at the ADX DI. I hope this is helpful with your Trading and Hodl-ing.
BINANCE:VETUSDLong
by TradingThroughTheLens
4
ADA - A true sign of strengthA Quick ADA Daily Chart: ADA is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA. ADA is above its 50EMA. ADA is above its Ichimoku Cloud Conversion Line (Tenkan Sen). ADA is above its Ichimoku Cloud Base Line (Kijun Sen). The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is upwards. ADA is above its Volume Point of Control (POC) for this visible range. Now to the juicy stuff, the point of this post is to show that ADA has shown real strength during the recent crypto drop. If you scan from the left to right of the chart, you will see that ADA DID NOT CLOSE A DAILY CANDLE in either the Equilibrium Zone or the Bearish Zone. ADA was the only crypto in my portfolio that managed to stay in the Bullish Zone of the Ichimoku Cloud using the 20,60,120,30 crypto settings. This is a real sign of strength for ADA and shows that ADA has the possibility to recover fast when BTC & the crypto whales drag the crypto market downwards. Just so that sinks in, i’ll say it again, ADA closed every daily candle during the recent crypto drop above the Leading Span A (Senkou Span A) cloud support and in the BULLISH ZONE of the Ichimoku Cloud…… Truly amazing! The future really looks bright for ADA. I hope this quick daily chart post is helpful with your Trading and Hodl-ing.
BINANCE:ADAUSDLong
by TradingThroughTheLens
2
ADA - Quick 4hr chart updateA quick ADA 4hr chart update: ADA is below its Bollinger Bands Middle Band Basis which is a 20 period SMA. ADA needs to eventually close above this level and turns it into strong support. ADA is below its 50EMA. It’s crucial for this 4hr timeframe that ADA eventually close above the 50EMA and turns it into strong support. ADA is below its Least Squares Moving Average (LSMA) for this 4hr timeframe. If you are waiting for a confirmation signal to buy, using the LSMA, you can wait until ADA closes a 4hr candle above the LSMA and turns it into strong support as that would be a buy signal for this indicator. If we look at the Schiff Pitchfork Pattern (A,B,C), we can see that ADA had found support from its Upper Yellow Schiff Pitchfork Support Line 2 days in a row. Tonight ADA needs to close above the upper light green support line or we will be testing the Upper Yellow Schiff Pitchfork Support Line again. The ADX DI is indicating a weak trend with the ADX (Yellow Line) at 18.18 above its 9 Period EMA which is at 17.4 but under the Threshold of 20. Above the 20 Threshold is considered the start of a strong trend. The -DI (Red Line) has dropped and is now at 23.47 but still above its +DI (Green line) which has also dropped and is at 13.11. The Chaikin Money Flow (CMF) is indicating a slight increase in accumulation with the CMF Line at 0.18 at the moment of typing this. This is a good sign that ADA is still being accumulated, but we need to keep an eye on the CMF Line in this 4hr timeframe, because we do not want the CMF Line to drop into the Distribution Zone which would lead to more downwards momentum. Volume is still low with the Volume still under its Volume MA for this 4hr Timeframe. A crucial level for this timeframe is the Schiff Pitchfork Median Line. ADA need to stay well above this level if there is going to be any attempt to get back over the 50EMA and back above the Bollinger Bands Middle Band Basis. If upwards pressure doesn’t resume for this 4hr timeframe and ADA eventually closes below the Schiff Pitchfork Median line, ADA could find support from the lower yellow support line. It should be an interesting weekend. A look at the CMF A look at the ADX DI I hope this is helpful with your Trading and Hodl-ing.
BINANCE:ADAUSD
by TradingThroughTheLens
3